12 Articles match "2007","2009","Homes"

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• Existing Home Sales Rise for Fourth Straight Month in July
  
  existing home sales fastest in 2 years August 21, 2009, Reuters Sales in July rose for the fourth straight month to hit an annual rate of 5.24 million units, the highest rate since August 2007, the National Association of Realtors said, beating...( Tags: rent and buy mortgage relief Home Sales foreclosure wav Pace of U.S. read more ) ...Tags:
  Foreclosure Pulse - Friday, August 21, 2009
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• Getting Help to Stop Foreclosure, Avoid Home Foreclosure Process - RealtyTrac
  
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  www.realtytrac.com - Tuesday, February 3, 2009
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• High-End Foreclosures Rising Among Top Tier Homes
  
  High-End Foreclosures Rising Among Top Tier Homes By Octavio Nuiry, RealtyTrac Staff Writer    Until now, the foreclosure crisis was confined to a narrow niche of middle-class urban communities and outer-rim new housing developments where first-time homeowners and real estate speculators benefited briefly from favorable financing. This is just the tip of the iceberg.” McCabe believes that delinquencies and defaults will rise not only among subprime borrowers, but among prime mortgages, Alt-A loans, teaser rate loans and low money-down
  www.realtytrac.com - Tuesday, February 3, 2009
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• As Home Prices Plummet, When Will You Buy?
  
  Home prices in 20 of the nation's major metro areas in July were collectively down 16.3 percent from a year ago, according to the S&P/Case-Shiller Home Price Index released today. quot; Las Vegas and Phoenix posted the two biggest annual declines in home prices of the 20 metro areas tracked in the report, followed by Miami with a 28.2 Prices in those metro areas were down 19.5 percent from their peak in July 2006. "There
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Option ARM Borrowers Running Out Of Time
  
  You say you want to buy a home but have no money. Let me introduce you to the option ARM, an affordability mortgage product that can get you into the home of your dreams.... Among these loans, Fitch expects roughly $29 billion to recast by the end of 2009 and an additional $67 billion to recast in 2010 -- thats almost half of all the option loans now held by lenders. (See: Option ARM Borrowers Running Out Of Time By Peter G. Miller    Step right up folks.
  www.realtytrac.com - Tuesday, February 3, 2009
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• Don't Dump Investors
  
  These efforts are to help American families who both want to and can, through a loan modification or re-financing, stay in their homes.” Introducing the Hope Now program in 2007, President Bush said “weve got a role, the government has got a role to play — but it is limited. Its not the governments job to bail out speculators, or those who made the decision to buy a home they knew they could never afford.” Don’t Dump Investors By Peter G. Miller    When it comes to bailing out giant banks, huge companies and massive stock
  www.realtytrac.com - Tuesday, February 3, 2009
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• How Much for Those Lender Assets in the Window?
  
  This is a huge issue because at the end of 2007 the United States had residential mortgages worth $10.5 billion in home equity loans and lines of credit. lot of loan servicers, accountants and attorneys are going to be working nights and weekends to get the work done.” As an example, the surprise in the WAMU deal was not the high default rates for subprime or option ARMs, rather it was the huge losses associated with home equity lending. How Much for Those Lender Assets in the Window? By Peter G. Miller    Long ago there
  www.realtytrac.com - Tuesday, February 3, 2009
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• Long-Term Solution for Fannie and Freddie Dilemma
  
  home mortgages. If Fannie Mae and Freddie Mac collapse the result would be the wholesale destruction of the national mortgage system; a virtual halt to home sales because few local mortgages would be available; soaring interest rates because few loans would be available and a level of losses throughout the economy unseen since the Great Depression. billion that the industry earned in the second quarter of 2007. Long-Term Solution for Fannie and Freddie Dilemma By Peter G. Miller    Its been a rough year for Fannie Mae and Freddie
  www.realtytrac.com - Tuesday, February 3, 2009
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• National Registration For Loan Officers Becomes Reality
  
  More investor activity holds down interest rates, and thats good for anyone who wants to finance or refinance a home.” Licensing Standards Under the new rules individuals paid for taking a residential loan application or negotiating home loan rates and terms will have to be registered as loan originators. study by the Miami Herald found that just in Florida “from 2000 to 2007, regulators allowed at least 10,529 people with criminal records to work in the mortgage profession. National Registration For Loan Officers Becomes Reality By Peter G. Miller
  www.realtytrac.com - Tuesday, February 3, 2009
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• No Mortgage Meltdown For These Banks
  
  Loans can be brought current and homes can be sold or refinanced to avoid foreclosure. The Hudson down payment numbers contrast strongly with national averages: The National Association of Realtors reports that in 2007 the typical first-time buyer put down just 2 percent, repeat buyers had 16 percent down payments and 25 percent of all purchasers bought with nothing down. The alternative is what we see today: Mortgages for everyone and the search for short-term lender profits, followed No Mortgage Meltdown For These Banks By Peter G. Miller  
  www.realtytrac.com - Tuesday, February 3, 2009
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